Sir Keir Starmer has lost the confidence of Britain’s business owners after suggesting they aren’t “working people”, an expert has said.
Business podcast host Alan Smith said the life of an entrepreneur isn’t for the faint-hearted but they do it because they want to have an impact on society and provide security for their families.
He added: “However, they often don’t receive a monthly paycheck, and are therefore not ‘working people’ according to the Prime Minister. What an insult.
“Whatever the outcome is on Wednesday, trust within the business owner community has evaporated. It’s going to be a bumpy ride.”
Mr Smith’s comments on X came before Chancellor Rachel Reeves presents the Labour Government’s first Budget since the party swept to victory in the General Election, during which it promised not to raise taxes for “working people”.
Since then, senior Labour politicians have struggled to explain what the party means by “working people”, with the prime minister telling reporters at a Commonwealth summit …